Senior Members definition

Senior Members means all academic, professional and administrative personnel who by appointment become members of Convocation or who would become such members if they were not less than 2 years standing from their second degrees or equivalent professional qualification and by appointment.

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Senior Members has the meaning set forth in Section 2.02.

Senior Members means academic, administrative and professional personnel not below the rank of Assistant Lecturer or analogous rank and who, by appointment, become members of Convocation.

Examples of Senior Members in a sentence

• Senior Members will be eligible to receive an annual distribution representing a portion of their SSA balance from the previous calendar year between 0-20%, subject to the prior written approval of the Florida Office of Insurance Regulation (OIR).

• Additional Members or Senior Members shall not be admitted to the Company except with the written consent of a Supermajority of the Senior Members and, upon the admission of such Additional Members, the Membership Interests of all then-existing Members, both Senior and Regular, shall be diluted pro rata as a result of the admission of such Additional Members.

• The Senior Members shall amend Schedule A hereto by means of a signed writing each time there is an addition or removal of a Member, a change in the Capital Contribution made by any Member or a change in the Percentage Interest of any Member.

• The Senior Members may, from time to time, change the registered agent or office through appropriate filings with the Secretary of State.

• This Agreement may be amended or modified from time to time only by a written instrument adopted and executed by a Supermajority of the Senior Members.

• A new Manager shall be elected by the affirmative vote of a Supermajority of the Senior Members.

• PacifiCare reserves the right, at its discretion, to discontinue marketing and enrollment of new Senior Members until PacifiCare determines that claims processing and payment functions for Medical Groups have been brought into compliance with HCFA’s claims processing standards (the “Membership Freeze Period”).

• In the event the registered agent ceases to act as such for any reason or the registered office shall change, the Senior Members shall promptly designate a replacement registered agent or file a notice of change of address as the case may be.

• The Senior Members will be responsible for deciding whether to approve a particular transaction and will likely be in possession of confidential information relating to such proposed transaction, including information received from the Company.

• The affirmative vote of each of the Senior Members shall be required for any act or decision of the Management Board; provided that, if the Management Board consists of other Persons in addition to the Senior Members, then the affirmative vote of at least 75% of the members of the Management Board shall also be required for any act or decision thereof.

More Definitions of Senior Members

Senior Members means all Academic, Professional and Administrative personnel who by appointment become members of Convocation, and are not below the rank of Assistant Lecturer, Junior Assistant Registrar or their equivalent.

Senior Members. The Initial Members and any other Person who, with the unanimous consent of the Initial Members, is issued a Membership Interest which is specifically designated to be "Senior" and to carry the management and control rights set forth herein.

Senior Members means collectively, the Class W Members and the Class D Members; and

Senior Members means all academic, professional and administrative personnel who by appointment become members of Convocation.